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Will China buy Ireland?

Comments

  • #2
    Sgt. Bilko 09
    Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Sgt. Bilko 09


    Slideshowbob wrote: »
    http://www.telegraph.co.uk/finance/financialcrisis/8599119/Eurozone-relief-as-China-pledges-debt-bailout.html

    As our debt spirals through public sector costs will we end up selling debt to China?
    China have enormous economic power and have the capibilty to influence thousands of markets and they can take advantage of that as they, russia and US are the super powers in global markets so they can handle and use this debt to there advantage. But china will obviously want something in return so i doubt its as easy as the telegraph are stating.


  • #3
    pacquiao
    Closed Accounts Posts: 465 ✭✭pacquiao


    Sgt. Bilko 09 wrote: »
    But china will obviously want something in return so i doubt its as easy as the telegraph are stating.
    A strong euro.


  • #4
    Sgt. Bilko 09
    Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Sgt. Bilko 09


    pacquiao wrote: »
    A strong euro.
    Obviuosly that it says it in the article i meant something along this lines of interest rate


  • #5
    Slydice
    Registered Users, Registered Users 2 Posts: 10,501 ✭✭✭✭Slydice


    well, I've read articles that say China is gonna have a big property bust

    ...so maybe not

    but there again, I've read other articles that money is desperate to get out of China because of their coming bust

    ...so maybe


    the global situation seems hugely complex and I doubt very many people in the world can accurately guess what's coming down the road


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